Post
Topic
Board Bitcoin Discussion
Re: Increasing acceptance level - Cryptocurrency
by
adzino
on 05/08/2021, 17:06:54 UTC
Below is a pic that's been taken on a ride. Everyone might be familiar with the Autorickshaw of India. In some part people term them as Autowala.The auto rickshaw is called with different names on different countries including auto, auto rickshaw, baby taxi tuk-tuk, 3wheel, bao-bao, tukxi. The operators are very common people who have their living out of the earning through this rental rides. They've started accepting cryptocurrency is something big and shows the increasing level of cryptocurrency acceptance.
-snip-
How is this going to work? Don't see any address or code to scan so they can send the payment. What about the fees associated with the transaction? Are they going to wait till there is one network confirmation? What about the fees? What if the guy sends a very small fee. This means its going to take forever for the confirmation to take place. And the poor guy might become a victim of the market volatility. Is it just this one guy or is everyone doing the same over there?